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1 Comment
SJVN Limited is currently in a long term uptrend where the price is trading 11.5% above its 200 day moving average.
From a valuation standpoint, the stock is 3.2% cheaper than other stocks from the Utilities sector with a price to sales ratio of 4.4.
SJVN Limited's total revenue rose by 1.1% to $5B since the same quarter in the previous year.
Its net income has dropped by 8.6% to $2B since the same quarter in the previous year.
Finally, its free cash flow grew by 8.1% to $9B since the same quarter in the previous year.
Based on the above factors, SJVN Limited gets an overall score of 4/5.
Sector | Utilities |
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Industry | Utilities - Renewable |
Exchange | NSE |
CurrencyCode | INR |
ISIN | INE002L01015 |
Market Cap | 378B |
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PE Ratio | 37.0 |
Target Price | 84.25 |
Dividend Yield | 2.0% |
Beta | 0.39 |
SJVN Limited, together with its subsidiaries, engages in the generation and sale of electricity in India and internationally. The company is also involved in thermal power, hydro power, wind power, solar power, and power transmission businesses. The company operates the Nathpa Jhakri Hydro Power Station (NJHPS) with a capacity of 1500 MW located in Shimla District; the Rampur Hydro Power Station with an installed capacity of 412 MW in Shimla and Kullu District in Himachal Pradesh; and the Naitwar Mori Hydro Power Station with a capacity of 60 MW located in Uttarkashi district in Uttarakhand. It also operates the Khirvire Wind Power Project with a capacity of 47.6 MW in Ahmednagar District in Maharashtra; and the Sadla Wind Power Project with an installed capacity of 50 MW in Surendranagar District in Gujarat. In addition, the company operates the Charanka Solar Power Plant with a capacity of 5.6 MW in Patan district in Gujarat; 1 MW solar power plant at Wadhal and 310 KW solar power plant at Surge Shaft of NJHPS; Parasan Solar Power Station with a capacity of 75 MW in Jalaun District, Uttar Pradesh; and an 86 km cross border transmission line with a capacity of 400 kV from Muzaffarpur to Sursand. Additionally, it provides consultancy services in the field of hydroelectric projects, highway tunnels, railway tunnels, etc., as well as undertakes contracts, project management services, and power trading. The company was formerly known as Satluj Jal Vidyut Nigam Limited and changed its name to SJVN Limited in September 2009. SJVN Limited was incorporated in 1988 and is based in Shimla, India.
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